Hitachi Investor Day 2022

Innovation Strategy

13 June 2022

Norihiro Suzuki, PhD

Vice President and Executive Officer, CTO,

and General Manager of the Research & Development Group, Hitachi, Ltd.

© Hitachi, Ltd. 2022. All rights reserved.

Today's key message

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Generating digital service business with the Lumada Growth Model

Backcasting from 2050 to create radical innovation

Accelerating outside-in innovation through startup investment

© Hitachi, Ltd. 2022. All rights reserved.

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Innovation Strategy

Contents

  1. Early investment in innovation supporting Hitachi growth
  2. Digital service business based on the Lumada Growth Model
  3. Backcasting from 2050 for innovation
  4. Outside-ininnovation through startup investment
  5. Summary

© Hitachi, Ltd. 2022. All rights reserved.

2

Innovation Strategy

Contents

  1. Early investment in innovation supporting Hitachi growth
  2. Digital service business based on the Lumada Growth Model
  3. Backcasting from 2050 for innovation
  4. Outside-ininnovation through startup investment
  5. Summary

© Hitachi, Ltd. 2022. All rights reserved.

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1-1. Innovation strategy in Mid-term Management Plan 2024

Focus on digital technology to generate innovation for global business growth

Planetary boundaries

Well-being

Protect Earth

Solving customers' and society's issues

A society in which every individual

Sustain human society

is comfortable and active

through data and co-creation

Mid-term Management Plan 2018

Mid-term Management Plan 2021

Mid-term Management Plan 2024

Innovate through

April 2019

Establish

collaborative creation

Innovation Growth Strategy Div.

Open Kyōsō-no-Mori

3-center structure consisting of CSI: Co-creation with customers,

Develop innovation investment strategy to address the

CTI: Technology innovation, and CER: Exploratory research

challenges faced by customers and society

Launch NEXPERIENCE / Lumada

Revise technology platforms

Generate digital service business

Establish global collaborative creation hubs

Integrate technology platforms with Hitachi

Provide value through IT × OT × Products

for co-creation with customers in

Energy, Hitachi Astemo, Hitachi Vantara &

to support customers' growth

GlobalLogic and generate synergy

Japan, North America, Europe, China and Asia

Open labs

June 2019

Create radical innovation

Univ. of Tokyo, Kyoto Univ., Hokkaido Univ.,

Set up new CV fund company

Solve customers' future management challenges

Univ. of Cambridge, Tsinghua Univ.,

Acquire business models

by backcasting from 2050

KOBE Biomedical Innovation Cluster

through startup investment/collaboration

CSI: Center for Global Social Innovation, CTI: Center for Technology Innovation, CER: Center for Exploratory Research,

© Hitachi, Ltd. 2022. All rights reserved.

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CV: Corporate Venturing, IT: Information Technology, OT: Operational Technology

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Hitachi Ltd. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 01:32:03 UTC.